Company Description

FBL Financial Group, Inc. operates as a bank holding company. It sells individual life insurance and annuity products principally under the consumer brand name Farm Bureau Financial Services. The company operates through three segments: Annuity, Life Insurance, and Corporate & Other. The Annuity segment primarily consists of fixed rate annuities and supplementary contracts. Fixed rate annuities provide for tax-deferred savings and supplementary contracts provide for the systematic repayment of funds that accumulate interest. Fixed rate annuities primarily consist of flexible premium deferred annuities, but also include single premium deferred and immediate contracts. The Life Insurance segment consists of whole life, term life and universal life policies. These policies provide benefits upon the death of the insured and may also allow the customer to build cash value on a tax-deferred basis. The Corporate and Other segment includes advisory services, marketing and distribution services, leasing services, closed block of variable annuity, variable life & accident and health products and interest expenses. This segment includes various support operations, corporate capital and other product lines that are not currently underwritten by the company. FBL Financial Group was founded in October 1993 and is headquartered in West Des Moines, IA.